U.S. to get coveted Alibaba IPO after Hong Kong talks founder
HONG KONG, Sept 25 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd will pursue an IPO in the United States after talks with Hong Kong regulators broke down, a move bound to set off a dogfight between the two main U.S. stock boards for the...
Alfa Group Buys 24% Stake in Regal Petroleum
Reuters MOSCOW Sep 23 A1, an investment vehicle of Russian billionaire Mikhail Fridman, told Reuters on Monday it had acquired a 24.4 percent stake in Regal Petroleum, which produces gas and gas condensate in Ukraine. News of the deal sent Regal’s shares sharply...
China Wealth Fund Swaps Uralkali Bonds for 12.5% Stake
Bloomberg China took a 12.5 percent stake in OAO Uralkali (URKA), the world’s biggest producer of potash, giving the nation a bigger say in a global battle for market share and expanding the reach of its overseas agriculture investments. Chengdong Investment Corp., a...
TMT Investments injects additional $450,000 in US sales management software company Pipedrive
Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced an additional investment in US software publisher […]